Tech, Media & Telecom Roundup: Market Talk
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0906 GMT – Telecom Italia’s domestic business continued to show signs of improvement in the third quarter, and retail broadband seems to be pivoting to growth, Jefferies analysts say in a research note. The Italian telecommunications company reported quarterly organic revenue and Ebitda after lease that beat consensus expectations by 2.2% and 4.0%, respectively, but the outperformance came more from Brazil than Italy, Jefferies says. “We are seeing improvements in both domestic fixed and mobile service revenue trends, and within fixed, we finally see an inflection in calculated retail broadband [average revenue per user] to growth after a sustained...
